MyNeighborhood

Can you afford to live in Chattanooga?

Median household income, home values and rent in Chattanooga, TN — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Chattanooga.

Median household income: $61,028 — +51.9% since 2015 (not adjusted for inflation)

Median gross rent: $1,155/mo — +54.4% since 2015

Median home value, 2015 to 2023

  • 2015: 145000
  • 2023: 259200

Median household income

  • Chattanooga: 61028
  • Hamilton County: 72568
  • TN: 67097
  • U.S.: 78538

Median gross rent

  • Chattanooga: 1155
  • Hamilton County: 1163
  • TN: 1122
  • U.S.: 1348

Share of income a typical renter spends on rent: 28.9% — U.S.: 30.2%

What it means

The typical household here earns $61,028 — notably lower than the national figure of $78,538.

The typical renter here spends 28.9% of household income on rent, below the 30% cost-burden line.

Since 2015, rent has risen faster than income here (+54.4% versus +51.9%), before adjusting for inflation.

Sources

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